Is Ethereum Losing Its Spark?

📉 As of May 3, 2025, #Ethereum (ETH) is trading at $1,819, marking a significant decline of over 46% from its 2024 peak (~$4,094) and a steep drop from its 2021 all-time high of $4,858.

📊 According to historical data, Ethereum’s heaviest trading volume occurred in the $2,500–$3,500 price range. This suggests strong past investor interest — but ETH’s current level sits in a low-volume zone, which often signals weaker support and a higher risk of volatility or further downside.

⚠️ In the last 90 days, volume has plummeted 43.89%, reflecting declining market participation. Many investors who entered above $2K are now at a loss — potentially leading to long-term holding, panic selling, or reduced confidence.

🔄 What’s changed?

• Ethereum still leads in smart contracts, DeFi, and NFTs

• But it’s facing increased competition from faster, lower-cost blockchains

• Gas fees and scalability remain ongoing concerns

• Institutional interest is shifting toward more stable assets like BTC

⚖️ Meanwhile, Bitcoin (BTC) remains strong, trading above $58,000, and has only declined about 16% YTD. BTC continues to attract capital as a digital store of value, while ETH seems to lack a clear short-term narrative.

✅ Conclusion: Ethereum remains fundamentally important, but without a major catalyst, its price action may stay suppressed. Caution and smart positioning are key in this phase.

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